Morrison Community Hospital Foundation

Analysis

Morrison Community Hospital Foundation is a registered charity in United States, based in Morrison, IL. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Morrison Community Hospital Foundation reported income of $89k and spending of $72k, spending 81% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $174k to $89k (-49%), an average of -28% a year. The sharpest change came in the year to June 2023, when income dropped by 34%. Over the whole period it spent 184% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Morrison Community Hospital Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Big Island Emergency Crew Incorporated ($89k), Larrys Legends ($89k) and Home Planet Psychiatry ($89k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 122% of the total. At year end it held assets of $117k against liabilities of $2,500, net assets of $114k.